Lowe, Brockenbrough's asset allocation strategy provides our clients with portfolios that combine the firm's expertise in both stock and bond investment management.

Thorough consideration is given to client-specific liquidity and cash flow needs, income requirements, and the client's tolerance for risk. Asset mix ranges are established to assist clients in meeting their long-term goals. Portfolios are structured within these strategic asset allocation guidelines based on longer-term risk/reward relationships. Subtle shifts will be made within specified ranges as market conditions change. We do not make short-term market timing moves, as such moves normally prove unsuccessful due to the high costs of turnover and low probabilities of continued success in making these predictions.

Asset allocation shifts are made in the portfolios when our indicators show risk or return measures at extreme levels. These relationships are continuously reviewed and when extreme levels are reached, actions are taken in the portfolios within client guidelines.

Lowe, Brockenbrough offers the opportunity to augment the LB&C core strategies with a broader range of investment strategies. Clients who seek asset allocation alternatives that diversify portfolios beyond the traditional core equity and fixed income holdings can access complementary investment strategies.

We will assist in the evaluation and selection of complementary investment strategies. Choosing among a universe of investment strategies which includes both regional and national managers, LB&C will design a diversified, flexible portfolio structured to address the client's long-term, and shorter-term, goals. Lowe, Brockenbrough will focus its selection process on a comprehensive spectrum of complementary strategies.

The strategies identified for each client may include separately managed accounts, mutual funds, or exchange traded funds. Whichever investment vehicles are selected for clients, Lowe Brockenbrough will monitor each strategy to ensure integrity of style, manager stability and evaluate risk-adjusted performance. Lowe, Brockenbrough will provide integrated portfolio management, centralized account administration, and deliver consolidated portfolio reports and performance summary. Lowe, Brockenbrough's asset allocation services offer clients a seamless, cost effective and tax efficient approach to broader portfolio diversification.

Asset Allocation Investment Process